reports
Medley Capital Corporation Announces September 30, 2020 Financial Resu...
Medley Capital Corporation Announces September 30, 2020 Financial Results NEW YORK, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (the “Company”) today announced financial results for the quarter ended September 30, 2020. Fourth Quarter Summary Net asset value of $150.6 million, or, $55.30 per share, vs. $149.3 million, or, $54.83 per share, at June 30, 2020Net income of $0.47 per shareNet investment loss of $(0.32) per shareThe board of directors did not declare a dividend this quarter Portfolio Investments The total value of our investments was $246.7 mill...
Medley Capital Corporation Board Approves Internalization
Medley Capital Corporation Board Approves Internalization New Internalized Management Team to be Installed Effective January 1, 2021 NEW YORK, Nov. 20, 2020 (GLOBE NEWSWIRE) -- On November 18, 2020, the Board of Directors (the “Board”) of Medley Capital Corporation (NYSE: MCC) (the “Company”) approved adoption of an internalized management structure effective January 1, 2021. The new management structure will replace the current Investment Management and Administration Agreements with MCC Advisors LLC, which expire on December 31, 2020. To lead the internalized management team, the B...
Medley Capital Corporation Announces Redemption of 6.500% Notes due 20...
Medley Capital Corporation Announces Redemption of 6.500% Notes due 2021 NEW YORK, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (the “Company” or “MCC”) announced today that, it has caused notices to be issued to the holders of its 6.500% Notes due 2021 (NYSE: MCX) (the “Notes”) regarding the Company’s exercise of its option to redeem, in whole, the issued and outstanding Notes, pursuant to Section 1104 of the Indenture date as of February 7, 2012, between the Company and U.S. Bank National Association, as trustee, and Section 101(h) of the Third Supplemental I...
Medley Capital Corporation Announces June 30, 2020 Financial Results
Medley Capital Corporation Announces June 30, 2020 Financial Results NEW YORK, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) today announced financial results for the quarter ended June 30, 2020. Third Quarter Summary Net asset value of $149.3 million, or, $54.83 per share, vs. $141.7 million, or, $52.04 per share, at March 31, 2020Net investment loss of $(0.26) per shareFully repaid Series A Israeli Notes (the “Israeli Notes”)The board of directors did not declare a dividend this quarter Post Quarter End Summary Completed...
Medley Capital Corporation Announces One-for-Twenty Reverse Stock Spli...
Medley Capital Corporation Announces One-for-Twenty Reverse Stock Split; Common Stock to Begin Trading on a Split-Adjusted Basis at Market Open on July 27, 2020 NEW YORK, July 13, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) announced today that, following the Company’s 2020 Annual Meeting of Stockholders held on June 30, 2020 (the “Annual Meeting”), on July 7, 2020, the Company’s board of directors (the “Board”) determined that it is in the best interests of the Company and its stockholders to effect a reverse stock split of its common stoc...
Medley Capital Corporation Subject to Monthly Expense Support, Houlih...
Medley Capital Corporation Subject to Monthly Expense Support, Houlihan Lokey Commenced Strategic Review Process NEW YORK, June 15, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) announced today that, on June 12, 2020, the board of directors of the Company (the “Board”), including its special committee (the “Special Committee”), has approved an expense support agreement (the “Expense Support Agreement”) under which MCC Advisors LLC and Medley LLC agreed (jointly and severally) to cap the management fee and all of the Company’s other operating e...
Medley Capital Corporation Announces March 31, 2020 Financial Results
Medley Capital Corporation Announces March 31, 2020 Financial Results NEW YORK, May 11, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) today announced financial results for the quarter ended March 31, 2020. Second Quarter Summary Net asset value (“NAV”) of $2.60 per shareNet investment loss of $(0.08) per shareThe board of directors did not declare a dividend this quarter Portfolio Investments The total value of our investments was $255.9 million at March 31, 2020. During the quarter ended March 31, 2020, the Company originated $6.6 million...
Medley Capital Corporation Announces Termination of Amended Merger Agr...
Medley Capital Corporation Announces Termination of Amended Merger Agreement With Sierra Income Corporation and Continued Role of Special Committee NEW YORK, May 05, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (“MCC” or the “Company”) today announced that it has received a notice of termination from Sierra Income Corporation (“Sierra”) of its agreement to merge with MCC pursuant to the Amended and Restated Agreement and Plan of Merger, dated as of July 29, 2019, between MCC and Sierra (the “Amended Merger Agreement”). Under the Amended Merger Agreement, either party...
Medley Capital Corporation Responds to Notice of Non-Compliance with N...
Medley Capital Corporation Responds to Notice of Non-Compliance with NYSE Trading Share Price Listing Standard Rules NEW YORK, April 16, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) announced today that, on April 10, 2020, the Company received written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the average closing price of the Company’s common stock, par value $0.001 per share (the “Common Stock”), over the prior 30 consecutive trading day period was below $1.00 per share, which is the minimum average closing pric...
Medley Capital Corporation Announces December 31, 2019 Financial Resul...
Medley Capital Corporation Announces December 31, 2019 Financial Results NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) today announced financial results for the quarter ended December 31, 2019. First Quarter Highlights Net asset value (“NAV”) of $4.05 per shareNet investment income of $0.06 per shareAdjusted net investment loss of $(0.03) per share excluding merger-related expensesThe board of directors did not declare a dividend this quarter Portfolio Investments The total value of our investments was $342.0 million at ...
Medley Capital Corporation Announces September 30, 2019 Financial Resu...
Medley Capital Corporation Announces September 30, 2019 Financial Results NEW YORK, Dec. 16, 2019 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) today announced financial results for the quarter and year ended September 30, 2019. Fourth Quarter Highlights Net investment loss of $(0.15) per shareAdjusted net investment income of $0.00 per share excluding merger related and other one-time expensesNet asset value (“NAV”) of $3.97 per shareThe board of directors did not declare a dividend this quarter Merger Update On July 29, 2019, ...
Medley Capital Corporation Announces End of “Go Shopâ€
Medley Capital Corporation Announces End of “Go Shop” NEW YORK, Oct. 14, 2019 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (“MCC” or the “Company”) today announced that the “go-shop” process conducted by the Special Committee of the Board of Directors of MCC (the “Special Committee”), did not produce a “Superior Proposal” as defined in the Amended and Restated Agreement and Plan of Merger, dated as of July 29, 2019, by and between MCC and Sierra Income Corporation (the “Amended MCC Merger Agreement”). The Company's Board of Directors continues to recommend that the Company'...
Medley Capital Corporation Announces June 30, 2019 Financial Results
Medley Capital Corporation Announces June 30, 2019 Financial Results NEW YORK, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) today announced financial results for its third fiscal quarter ended June 30, 2019. Third Quarter Highlights Net investment loss of $(0.07) per shareAdjusted net investment income of $0.01 per share excluding merger related and other one-time expensesNet asset value (“NAV”) of $4.55 per shareThe board of directors did not declare a dividend this quarterPaid down $135.0 million remaining SBA Guaranteed Debentur...
CORRECTION/Medley Capital Corporation Commences Go Shop Process In Acc...
CORRECTION/Medley Capital Corporation Commences Go Shop Process In Accordance With Amended Merger Agreement In the news release, Medley Capital Corporation Commences Go Shop Process in Accordance with Amended Merger Agreement - Houlihan Lokey is Retained, issued 29-July-2019 by Medley Capital Corporation over Globe Newswire, we are advised that the expiration of the 60 day “go shop” period should read September 27, 2019 rather than September 29, 2019 as originally issued inadvertently. In addition, we are advised that certain legal notices regarding “Additional Information and Where to Find...
Medley Capital Corporation Commences Go Shop Process in Accordance wit...
Medley Capital Corporation Commences Go Shop Process in Accordance with Amended Merger Agreement Houlihan Lokey is Retained NEW YORK, July 29, 2019 (GLOBE NEWSWIRE) -- The Special Committee (the “Special Committee”) of the Board of Directors of Medley Capital Corporation (NYSE: MCC, “MCC”) (TASE: MCC) is pleased to announce the commencement of the 60 day “go shop” period provided for in Section 7.10 of the amended merger agreement, dated as of July 29, 2019, between MCC and Sierra Income Corporation (the “Amended Merger Agreement”). The 60 day period expires on September 29, 2019. The S...
Medley Capital Corporation’s Shareholders Re-Elect Arthur Ainsberg a...
Medley Capital Corporation’s Shareholders Re-Elect Arthur Ainsberg and Seth Taube To Board of Directors Final Tabulation and Certification Complete NEW YORK, June 11, 2019 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC, “MCC” or the “Company”) (TASE: MCC) today announced that its independent inspector of elections, First Coast Results, Inc., has tabulated the certified, final results of the Company’s 2019 Annual Meeting of Shareholders held on June 4, 2019 in New York City. Shareholders have voted to re-elect Arthur S. Ainsberg and Seth Taube to the Board of Directors. Additi...
Preliminary Results Indicate Medley Capital Corporation’s Shareholde...
Preliminary Results Indicate Medley Capital Corporation’s Shareholders Re-Elect Arthur Ainsberg and Seth Taube To Board of Directors with Significant Shareholder Support Final Results To Be Released After Tabulation and Certification NEW YORK, June 04, 2019 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC, “MCC” or the “Company”) (TASE: MCC) today announced that, according to the preliminary vote count provided by Alliance Advisors, MCC’s proxy solicitor, MCC’s shareholders voted to re-elect Arthur Ainsberg and Seth Taube to its Board of Directors at the Company’s 2019 Annual M...
Medley Capital Corporation Urges Shareholders to Vote the WHITE Proxy ...
Medley Capital Corporation Urges Shareholders to Vote the WHITE Proxy Card Today “FOR” Highly Qualified Directors Arthur Ainsberg and Seth Taube Election of NexPoint’s Nominees Is Neither Warranted Nor in Shareholders’ Best Interests NEW YORK, June 01, 2019 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC, “MCC” or the “Company”) (TASE: MCC) today urged MCC shareholders to vote on the WHITE proxy card “FOR” its highly qualified directors Arthur Ainsberg and Seth Taube in connection with the election of directors to MCC’s Board of Directors at the Company’s 2019 Annual Meeting o...
Medley Capital Corporation Announces March 31, 2019 Financial Results
Medley Capital Corporation Announces March 31, 2019 Financial Results NEW YORK, May 10, 2019 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) today announced financial results for its second fiscal quarter ended March 31, 2019. Second Quarter Highlights Net investment loss of $(0.19) per shareAdjusted net investment income of $0.01 per share excluding expenses associated with pending mergerNet asset value (“NAV”) of $5.11 per share, which includes $0.21 per share impact of merger related expensesThe board of directors did not declare a dividend this...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.